Sold my alts. It's $BTC only from here on out.
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Replying to @0xa59a2d
I'd be surprised if the cryptoverse wasn't big enough for Ethereum (plus a very few others). Not that I've got any of them under the bed.
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Replying to @Outsideness @0xa59a2d
Ethereum's broken regardless. I think there's a place for the purpose it serves, just not that implementation. Big banks are already working to replace underwriters with semi-private contract-aware blockchains.
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Note: the big banks have hired people actually competent in the relevant theory rather than glory-seeking mountebanks
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Replying to @bitemyapp @0xa59a2d
Ethereum is the U/Acc to Bitcoin's R/Acc -- there are some great people involved, but they haven't yet absorbed enough pain.
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Replying to @Outsideness @0xa59a2d
u/acc r/acc dynamic misses the point. Ethereum is broken in ways that it cannot achieve its own design goals regardless of what you think of those design goals. It's unsound and insecure.
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When you're incapable of building a consistent and sound system, your original objectives no longer matter.
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Replying to @bitemyapp @0xa59a2d
U/Acc / R/Acc comparison is that Ethereum still thinks the world is a nice place. I'm not as convinced as you that it won't survive the learning curve.
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that's very unfair to u/acc. the better comparison is Bitcoin Cash: a fork prepared for network expansion, without the economically idiotic engineering.
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No, c'mon. Bitcoin cash is neoliberalism. Ethereum "community" is left libertarianism.
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you need to get updated on BCH, I guess. but yeah, Ethereum is l/acc: "look, we can solve the injustice in the world with this platform, isn't it great!?"
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Replying to @cyborg_nomade @Outsideness and
On the BCH stuff, this article is a link goldmine to the current situation: https://keepingstock.net/an-open-letter-to-bitcoin-miners-c260467e1f0 …
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